How Taiwan Became the World’s Most Perilous Geopolitical Chokepoint
Eyck Freymann on the biggest flashpoint of them all.
Eyck Freymann on the biggest flashpoint of them all.
The closure of the Strait of Hormuz has highlighted the potential for long-running theoretical chokepoints to turn into reality, with dramatic results for both geopolitics and the global economy. But the hypothetical scenario that policymakers have arguably been losing the most sleep over for decades is the prospect of a major conflict between China and Taiwan. So how likely is it, and what would such a conflict actually look like? On this episode, we speak with Eyck Freymann, author of the new
The European Central Bank’s decision to hold interest rate this week provides policymakers with more time to assess whether the Middle East crisis triggers prolonged inflation, according to Governing Council member Martin Kocher.
The European Central Bank will need to increase interest rates in June if there isn’t a significant change in the outlook, according to Bundesbank President Joachim Nagel.
Greg Shearer, JPMorgan base and precious metals research head, discusses the aluminum market and the impact the conflict in the Middle East on prices. “Our outlook in the very near term is still for prices to move up towards $4,000 per metric ton,” Shearer tells Bloomberg Television. “There will be demand destruction at those levels,” he adds. (Source: Bloomberg)
Guy Johnson, Tom Mackenzie and Adam Linton break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
UK shares dropped in thin holiday trading as NatWest Group Plc fell more than 3% after reporting net interest income that came in slightly below expectations.
Japan’s government-backed lender and private bankers announced their first loans as part of the nation’s $550 billion commitment to US projects under a trade agreement with President Donald Trump.
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, President Donald Trump has doubled down on the US blockade of Iranian ports, saying it’s having an “incredible” effect and Iran’s “economy is crashing”. Iran’s supreme leader has cast doubt on the chances of a deal, releasing a rare statement in which he said Iran would not give up its nuclear technologies.
The Bank of England and European Central Bank both held interest rates, but are considering hiking as soon as June to address inflation triggered by the Middle East conflict.
Today’s guests: Jane Kinninmont, United Nations Association UK, CEO; Jackie Bowie, Chatham Financial, Managing Partner & Head of EMEA. (Source: Bloomberg)
Ceres Power Holdings Plc extended a blistering rally this week, pushing one-year gains close to 1,000% as surging optimism around fuel cell technology drives the stock to multi-year highs.